Breaking records: the value of bids and offers surpasses £70million
The total value of bids and offers has reached a new high of £71million, while the number of active markets (wines with either a bid or an offer) has surpassed 14,000.
The current value represents a £20million increase since Liv-ex's last update in October 2018. The bid:offer ratio, an indication of the strength of the market, has also risen and now stands at 1.3. A higher ratio tends to suggest price stability.
Read the full article at: https://www.liv-ex.com/2019/07/breaking-records-value-bids-offers-surpasses-70million/